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BonTerra Resources Inc V.BTR

Alternate Symbol(s):  BONXF

Bonterra Resources Inc. is a Canada-based gold exploration company with a portfolio of advanced exploration assets anchored by a central milling facility in Quebec, Canada. The Company is engaged in the business of acquiring, exploring, and evaluating natural resource properties in the province of Quebec. The Company’s assets include Gladiator, Barry, Moroy, and Bachelor. The Company holds a 100% interest in 436 mineral claims covering 22,779.32 hectares surrounding the town of Desmaraisville. The Bachelor Mine is located on one mining concession, and one mining lease, four kilometers (km) south of Highway 113 and 90 km northeast of the city of Lebel-sur-Quevillon. The Company holds a 100% interest in 21 mineral claims in the city of Val-d’Or in Quebec covering 457.53 hectares. The Company holds a 90% interest in two mining leases north of the town of Skead within the city of Greater Sudbury in Ontario. The two mining leases cover an area of approximately 129.99 hectares.


TSXV:BTR - Post by User

Comment by fruitvale3067on Dec 18, 2022 10:39am
60 Views
Post# 35178338

RE:RE:RE:RE:RE:RE:RE:RE:Side note, Sidebet

RE:RE:RE:RE:RE:RE:RE:RE:Side note, SidebetStupid, there is no production from Entree's property currently. It's going to take another 3-4 years to get to production. Just like BTR. The mill at Oyu Tolgi has been running for years, unlike BTR. Finally, production tunnels and infrastructure are moving toward Entrees property and will reach it in the first quarter 2023. Second it doesn't matter if its a copper mill or a gold mill. It also doesn't matter if copper is $4/lb or gold is $1800/ounce. What matters is how much does it cost to get it out of the ground and prosess it. If Oyu tolgi can produce copper for $1.70/lb and sell it for $4 at 110,000 TPD thats adds up to a lot of $$$$. If BTR produces gold at $2300/ounce and sells it for $1800/ounce at 1200TPD that isn't good. It doesn't matter what your mining, whether it s narrow vein or huge deposit, it always adds up too can you get it out of the ground cheaper then what you can sell it for. If you can the more you produce the more you make. 
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